I like index funds as much as the next guy. The incredibly low expense ratios. Ease of purchase. And most of all: they blow away active fund managers. But from where I sit, I see several reasons why it can make sense to actively manage investments. To *gasp* pick stocks. Before you pick up the …
Index Funds Are Great, But Active Investing Has Its Place Read More »
The median home sales price is currently around 4.5x the median household income. That number was 3.5x in 1999 and 3.3x in 1989. So… case closed? Homes are more expensive than they used to be? Not exactly. Interest rates are at record lows; they exert a huge influence on mortgage payments, and thus, on home …
Are Homes More Expensive Today Than in the Past? It’s Complicated… Read More »
*This is Part II of a two-part series on increasing your savings rate. This part focuses on your housing and car payments. Part I addresses lower-end purchases.* If you’re looking to move or buy a car, you’re about to make a huge financial decision. It’s easy to fall into the “Keeping up With the Joneses” …
How to Cut Your Home and Car Payments… Without Sacrificing Your Happiness Read More »
*This is Part I of a two-part series on increasing your savings rate. This part addresses lower-end purchases. Part II focuses on the big-ticket items.* It’s easy to think that your smaller purchases don’t have a big impact on your bank account. Those daily purchases in the $5-15 range and monthly purchases in the $100-200 …
How to Save Thousands More Per Year… Without Agonizing Over Every Dollar Read More »
You understand the importance of investing for your retirement. But when you look at 401(k) materials, you get lost in all of the possibilities. This article will help you assess your options, focusing on how stocks, bonds, and real estate can put you on the road to retirement. Finally, you will see how these asset …
How to Find the Perfect Asset Allocation for Your Retirement Accounts Read More »
They sold for less than $1,500 a pop nine months ago. Now they change hands on eBay for over $7,000 each. I’m talking about the LeBron James Topps Chrome PSA 10 rookie card, and its meteoric rise over the past nine months is emblematic of the speculative craze that has taken over the basketball card …
Basketball Cards are the Latest Speculative Craze… Can it Last? Read More »